Month: August 2014

Q&A on the Reported Theft of 1.2B Email Accounts

August 6, 2014

My phone and email have been flooded with requests from various media outlets over the past 12 hours since security consultancy Hold Security dropped the news that a Russian gang has stolen more than a billion email account credentials. Rather than respond to each of them in turn, allow me to add a bit of perspective here in the most direct way possible: The Q&A.

‘White Label’ Money Laundering Services

August 4, 2014

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Laundering the spoils from cybercrime can be a dicey affair, fraught with unreliable middlemen and dodgy, high-priced services that take a huge cut of the action. But large-scale cybercrime operations can avoid these snares and become much more profitable when they’re able to disguise their operations as legitimate businesses operating in the United States, and increasingly they are doing just that.